"Our banking laws must mobilize reserves; must not permit the concentration anywhere in a few hands of the monetary resources of the country or their use for speculative purposes in such volume as to hinder or impede or stand in the way of other more legitimate, more fruitful uses. And the control of the system of banking and of issue which our new laws are to set up must be public, not private, must be vested in the Government itself, so that the banks may be the instruments, not the masters, of business and of individual enterprise and initiative."

wwl2.dataformat.com/Document.aspx

The New Freedom, by Woodrow Wilson
www.gutenberg.org/files/14811/14811-8.txt

Wilson wasn't a proponent of the Fed being at the beck and call of banking interests. The $9 trillion unaccounted for by the Fed that somehow "vanished" into the banking system wasn't his style.

Retired Monk
"Ideology is a disease"

www.onthecommons.org
www.dylanradio.com